NOT LISTED FOR SALE

5643 Melvin Ave Tarzana, CA 91356

Tarzana Area
1.25 Acres
-- Price per Acre
54,520 Sq Ft Lot

Sale Details

Date Sold: August 20, 2021

Last sale price $1,850,000 $547 Per Sq Ft

30 Days on Market

Highlights

  • 1.25 Acre Lot
  • No HOA
  • Bike Trail
  • Corner Lot

About This Lot

As of August 2021

Attention ALL Developers! Over 54K sq feet of flat land in prime Tarzana in the highly sought after Melody Acres. Original oversized lot has been recently divided into 2 lots, with further split underway for a total of 3 lots. 2 newer homes across the street both sold for over 2.250 million back in 2018/2019 on lots not nearly as flat or as usable as these. There is also a new large custom estate being built across the street! Enjoy the rural feel of this custom home community containing large lots and private estates. These lots are around the corner from the fine restaurants and shopping on Ventura Boulevard. Have your client's architect sharpen their pencils and let their imaginations go wild. THERE IS NOTHING LIKE THIS AVAILABLE in this hot area and won't last long. See Supplement section for maps and proposed layouts.

Last Agent to Sell the Property

Jeff Schermer

Rodeo Realty License #00672080 Listed on: 05/15/2021

Rodeo Realty

Co-Listed By

Robb Friedman

Compass License #02064738

Last Buyer's Agent

Jeff Schermer

Rodeo Realty License #00672080 Listed on: 05/15/2021

Rodeo Realty

Property Details

Property Type

  • Land

Lot Details

  • 1.25 Acre Lot
  • Corner Lot
  • Level Lot
  • CLA
  • Property is zoned LARA

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 170
  • Tax Tract Number 7884
  • Assessor Parcel Number 2153025014

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Property Details

Property Type

Land

Lot Details

1.25 Acres

Listing Details

  • Improvements: CLA
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LARA
  • Property Type: Land
  • Parcel Number: 2153025014
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 33.93

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: CLA
  • Land Lease: No
  • Lot Features: Corner Lot, Level
  • Lot Size Sq Ft: 54518.00
  • Lot Size Acres: 1.2516

Multi Family

  • Lot Size Area: 54518.0000 Square Feet

Tax Info

  • Tax Census Tract: 1393.01
  • Tax Lot: 170
  • Tax Tract Number: 7884
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2021 08/20/21 Sold $1,850,000 -19.6% $547 / Sq Ft
05/15/2021 05/15/21 For Sale $2,299,999 +55.9% $680 / Sq Ft
03/19/2019 03/19/19 Sold $1,475,000 0.0% $436 / Sq Ft View Prior Sale
02/17/2019 02/17/19 Pending -- -- --
12/29/2018 12/29/18 For Sale $1,475,000 -- $436 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2021 -- $1,520,086 $1,520,086
2020 $18,840 $1,504,500 $1,096,500 $408,000
2019 $2,758 $175,119 $93,606 $81,513
2018 $2,489 $171,686 $91,771 $79,915
2016 $2,348 $165,021 $88,208 $76,813
2015 $2,319 $162,544 $86,884 $75,660
2014 $2,362 $159,361 $85,183 $74,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21099561

California Regional Multiple Listing Service (CRMLS)

APN: 2153-025-014

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